Intel to shut down Bucharest office - report

Thursday 26 May 2016 | 14:10 CET | News
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US-based company Intel will close its office located in Romania's capital Bucharest which employs about 200 software programmers, writes local paper Ziarul Financiar citing sources. The information comes shortly after Intel's global CEO, Brian Krzanich, announced a restructuring plan that will affect 12,000 Intel employees globally. The new strategy involves a switch from the company's software activities towards hardware operations. The shutting down of the office in Romania is not related to Intel's local financial results, but with the overall strategy of the company, according to market

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Categories: IT
Companies: Intel
Countries: Romania
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